Consumer prices in Croatia edged down 0.2 percent year-on-year in April of 2020, following a 0.6 percent increase in the previous month. It was the first drop in consumer prices since November of 2016, amid lower prices of transport (-9.5 percent vs -3.7 percent in March) and housing & utilities (-1.5 percent vs 0.5 percent); In contrast, the cost of food & non-alcoholic beverages advanced 3.7 percent, faster than a 3.2 percent increase in the previous month. On a monthly basis, consumer prices went down 0.2 percent, after rising 0.2 percent in the previous month.

Inflation Rate in Croatia averaged 2.19 percent from 1999 until 2020, reaching an all time high of 8.43 percent in July of 2008 and a record low of -1.80 percent in May of 2016. This page provides the latest reported value for - Croatia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Croatia Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020.

Inflation Rate in Croatia is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Croatia to stand at 1.70 in 12 months time. In the long-term, the Croatia Inflation Rate is projected to trend around 1.90 percent in 2021 and 2.20 percent in 2022, according to our econometric models.

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Consumer prices in Croatia edged down 0.2 percent year-on-year in April of 2020, following a 0.6 percent increase in the previous month. It was the first drop in consumer prices since November of 2016, amid lower prices of transport (-9.5 percent vs -3.7 percent in March) and housing & utilities (-1.5 percent vs 0.5 percent); In contrast, the cost of food & non-alcoholic beverages advanced 3.7 percent, faster than a 3.2 percent increase in the previous month. On a monthly basis, consumer prices went down 0.2 percent, after rising 0.2 percent in the previous month.

2020-05-15

Croatia Inflation Rate Eases to 0.6% in March

The annual inflation rate in Croatia declined to 0.6 percent in March 2020 from 1.5 percent in the previous month. Cost of housing & utilities slowed (0.5 percent from 1.1 percent in February) and transport prices dropped (-3.7 percent from 1.5 percent). Meanwhile, cost food & non-alcoholic beverages rose 3.2 percent, faster than a 2.9 percent gain in February. On a monthly basis, consumer prices went up 0.2 percent, rebounding from a 0.3 percent fall in the prior month.

2020-04-16

Croatia February Inflation Rate Edges Down to 1.5%

The annual inflation rate in Croatia fell to 1.5 percent in February of 2020 from 2 percent in the previous month. Prices slowed primarily for food & non-alcoholic beverages (2.9 percent vs 3.4 percent in January); housing & utilities (1.1 percent vs 1.6 percent) and transport (1.5 percent vs 4.9 percent). On a monthly basis, consumer prices went down 0.3 percent, the same pace as in the previous month.

In Croatia, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (27.9 percent of total weight) followed by Housing and Utilities (16.2 percent), Transport (12.6 percent), Miscellaneous Goods and Services(7.5 percent); Clothing and Footwear (6.5 percent) and Recreation and Culture (6 percent). Communication; Alcoholic Beverages and Tobacco; Furniture, Household Goods and Maintenance; Restaurant and Hotels; Health and Education account for the remaining 23.3 percent of total weight.